Fighting Words
A Russia-Iran meeting in Bishkek that ended with a nuclear draft and ten signatures, and a bond market that raised the cost of borrowing for every government at once. An Israeli division holding a Lebanese ridge Iran had marked as a red line, and the Pentagon taking a century-long stake in Venezuelan crude. This week's developments show power being measured in reactors, basis points, and who holds the high ground. Meanwhile, Bolivia takes over its own oil company because it can no longer afford to fill it.
